Smith & Nephew plc (SNN)

Smith & Nephew Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	5,549	5,215	5,212	4,560	5,138
Revenue Growth (YoY)	6.40%	0.06%	14.30%	-11.25%	4.77%
Cost of Revenue	1,730	1,540	1,543	1,396	1,338
Gross Profit	3,819	3,675	3,669	3,164	3,800
Selling, General & Admin	3,055	2,880	2,720	2,562	2,693
Research & Development	339	345	356	307	292
Operating Expenses	3,394	3,225	3,076	2,869	2,985
Operating Income	425	450	593	295	815
Interest Expense / Income	132	80	80	62	65
Other Expense / Income	3	135	-73	-13	7
Pretax Income	290	235	586	246	743
Income Tax	27	12	62	-202	143
Net Income	263	223	524	448	600
Net Income Growth	17.94%	-57.44%	16.96%	-25.33%	-9.50%
Shares Outstanding (Basic)	878	885	885	885	888
Shares Change	-0.85%	0.03%	-0.04%	-0.31%	-0.33%
EPS (Basic)	0.60	0.51	1.20	1.03	1.37
EPS (Diluted)	0.60	0.51	1.19	1.02	1.37
EPS Growth	18.04%	-57.29%	16.60%	-25.15%	-9.64%
Free Cash Flow	181	110	469	492	760
Free Cash Flow Per Share	0.41	0.25	1.06	1.11	1.71
Dividend Per Share	0.750	0.750	0.750	0.750	0.728
Dividend Growth	0%	0%	0%	3.02%	0.55%
Gross Margin	68.82%	70.47%	70.40%	69.39%	73.96%
Operating Margin	7.66%	8.63%	11.38%	6.47%	15.86%
Profit Margin	4.74%	4.28%	10.05%	9.82%	11.68%
Free Cash Flow Margin	3.26%	2.11%	9.00%	10.79%	14.79%
Effective Tax Rate	9.31%	5.11%	10.58%	-82.11%	19.25%
EBITDA	1,105	932	1,233	870	1,310
EBITDA Margin	19.91%	17.87%	23.66%	19.08%	25.50%
Depreciation & Amortization	683	617	567	562	502
EBIT	422	315	666	308	808
EBIT Margin	7.60%	6.04%	12.78%	6.75%	15.73%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).